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Working Papers
The Effect of Electricity Price Changes on Manufacturing Investment (JMP)
Too Many Tax Credits? The Effect of Using Non-Refundable Tax Credits to Subsidize Wind Energy
Normalization
Work in Progress
Explaining the Dominance of Independent Power Producers in Renewable Energy
Most wind and solar generation in the US is built by independent power producers (IPPs). At first glance, this is puzzling because investor owned utilities (IOUs) have lower borrowing costs. I investigate the potential causes of this pattern, including an accounting rule know as normalization that disadvantages IOUs. [back]
EIA data
Policy Uncertainty and Investment in Wind Energy (with Chenyu Yang)
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